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Showing 611 - 620 of 14210 results for "Interest"

ECB drops interest rates by 0.25%

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
The European Central Bank (ECB) lowered its benchmark interest rates by 25 basis points overnight as inflation comes within its target levels. The three key interest rates on the deposit facility, main refinancing operations and the marginal lending ...

AIOFP, FAAA encouraged by first meeting with Mulino

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
Following their inaugural meeting with new financial services minister Daniel Mulino, the Association of Independently Owned Financial Professionals (AIOFP) and Financial Advice Association Australia (FAAA) feel enthused about the impact he will have ...

HESTA moves risk chief to advisory role

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
HESTA chief risk officer Andrew Major has moved into a newly created advisory role to work with the fund's investment leadership on strategy. The transition represents a natural evolution for Major, who before joining HESTA's risk division in ...

Australia's largest buyout firm hires from State Street GA

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... Advisers. His background includes senior roles at Allianz Retire+ and BT Financial Group, as well as experience as an interest rate swaps broker at BGC Partners. Brown expressed his enthusiasm for the culture at Australasia's oldest and largest private ...

Private credit market has lenders sweating

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
... that the asset class has gained significant traction over the past 15 years, driven by market conditions such as low interest rates and investor demand - particularly for its floating-rate exposure when bond yields were at low levels. "Its growth is ...

Netwealth chair to retire, successor appointed

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
Netwealth chair Tim Antonie, who's served as chair of the wealth management platform since February 2021, will retire from the board at the end of August. Antonie's successor is a former Future Fund board member who was appointed as an independent non-executive ...

Islamic finance industry association established

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
The Islamic Finance and Investments Association (IFIA) will work to further Australia's nascent Islamic banking, finance and investments sector and Shariah compliant standards. Launched today, the IFIA is led by chief executive Chaaban Omran, the former ...

Stakeholders ask ASIC for tougher private markets regulation

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... examination following concerns for potential non-investment risk-driven losses (e.g. through illiquidity, conflicts of interest and opaque fees)," ASIC said. The lack of transparency is a top issue among respondents. Private credit product providers ...

Global stock markets rally, but Trump's next post could flip the script

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
... returns that rattled most developed equity markets in April. But uncertainty still looms large. UniSuper head of fixed interest David Colosimo says that just one Truth Social post from US President Donald Trump could trigger market volatility. Colosimo ...

Touchstone closes flagship fund

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
Touchstone Asset Management has closed its flagship Australian equity fund nearly a decade after it launched. The Touchstone Index Unaware Fund shuttered in May, having been in operation since 4 April 2016. The fund aimed to outperform the return of ...